Escrow Analyst
- Berkeley Point Capital

We are seeking a highly motivated individual who will assist with mitigating financial and reputation risk by ensuring timely and accurate property tax payments. This individual should be able to understand complex tax authority and investor requirements and will authorize disbursement of tax payments under these requirements. This individual will perform analysis to aid in the management of tax and insurance escrow funds and will be responsible for completing annual escrow analysis for both tax and insurance escrows. The position will be located in Blue Bell, PA.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Manage property tax payments for a portfolio of loans; determine property tax requirements from the largest taxing authorities with most complex requirements; communicate requirements to borrowers and resolve issues; mitigate risk by ensuring timely payment of property taxes and avoidance of penalties and tax liens

Set up tax information on newly booked loans; verify that correct set has occurred using tax service reporting and loan documents; resolve discrepancies in parcels between borrower, closing and tax service

Pursue evidence of tax payments for non-escrowed loans in situations where outsource vendor is unable to do so; interact with borrower and escalate to asset manager as appropriate; resolve issues

Perform Initial Escrow Analysis of Tax and Insurance for upcoming loan closings based on documentation provided by the Closing Team. Ensure that data provided by closing for tax and insurance escrow analysis is complete and correct; work with the closing group to resolve issues.

Ensure that system data is captured in a way that it can be used to generate reporting useful in analysis

Initiate and perform ongoing analysis to support process changes for efficiency and to improve customer service, and to maximize benefit of funds held in tax and insurance escrow accounts